# Procurement Portal Nova Scotia #TOK202620

Town of Kentville Seeks Investment Management Services for Special Reserve Fund

**Posted:** September 18, 2026
**Respond By:** October 07, 2026
**Identifier:** TOK202620
**NAICS:** 523920, 523940, 523930

The Town of Kentville, Nova Scotia, is seeking proposals from qualified investment management firms for the management of its Special Reserve Fund (approximate value: $15 million).
- Government Buyer:
  - Town of Kentville (Nova Scotia, Canada)
- Services Requested:
  - Investment management services for the Special Reserve Fund
  - Adherence to the Town's Investment Policy and all applicable legislation/regulations
  - Maintenance of a minimum reserve balance of $10 million
  - Preservation of the real value of financial assets
  - Generation of annual investment returns to support income distribution and cash flow
  - Maximization of returns within accepted risk tolerance levels
- Unique/Notable Requirements:
  - Strict compliance with the Town's Investment Policy, which may be updated periodically
  - No specific OEMs or vendors are named in the notice
- NAICS Codes:
  - 541620 (Environmental Consulting Services)
  - 541690 (Other Scientific and Technical Consulting Services)
  - 541990 (All Other Professional, Scientific, and Technical Services)

### Description

The Town of Kentville is seeking proposals from qualified investment management firms to provide investment management services for its Special Reserve Fund, which currently holds approximately $15 million in assets. The selected firm must manage the fund prudently in accordance with the Town's Investment Policy, applicable legislation, and operational and capital funding needs, while maintaining a minimum reserve balance of $10 million. The goal is to preserve the real value of financial assets, generate annual investment returns to support income distribution and cash flow requirements, and maximize returns within accepted risk tolerance levels. The Town's Investment Policy may be updated from time to time, and the firm must operate within its parameters.

[View original listing](https://procurement-portal.novascotia.ca/tenders/TOK202620)